State-owned enterprises have the largest debt on salaries.

State-owned enterprises have the largest debt on salaries
State-owned enterprises have the largest debt on salaries

According to the Razumkov Center's analysis, the largest debtors on salaries are state-owned enterprises and joint-stock companies, accounting for 62.6% of court proceedings for debts.

"State-owned enterprises and joint-stock companies turned out to be the largest debtors, with over 11 and 9 thousand court proceedings respectively, accounting for 33.8% and 28.8% of all debts", the analysis reports.

Next in line are limited liability companies with 4.9 thousand cases or 14.2%.

12.5% and 4.3% of all debts are attributed to subsidiaries and municipal enterprises respectively.

"These figures indicate a deep crisis in the public sector. When state-owned enterprises are unable to pay salaries to their employees, this is not just a problem - it's a warning signal for the entire economy," said the Razumkov Center.

Overall, as of August, over 34 thousand salary debts have been registered in Ukraine, according to the "Opendatabot" service citing the Ministry of Justice of Ukraine.

Source: Economichna Pravda


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